Civil Procedural Rules Committee
Rule 238. Damages for Delay in an Action for
Bodily Injury, Death or Property Damage
Prime Rate
The prime rate as set forth in the first edition of the Wall Street
Journal for a particular year is the basis for calculating damages for
delay under Pa.R.C.P. 238 as revised November 7, 1988. The prime rate published
in the first edition of the Wall Street Journal for each of the years
specified is as follows:
| Date of Publication |
Prime Rate |
| January 2, 2008 |
7 1/4% |
| January 2, 2007 |
8 1/4% |
| January 3, 2006 |
7 1/4% |
| January 3, 2005 |
5 1/4% |
| January 2, 2004 |
4% |
| January 2, 2003
|
4 1/4% |
| January 2, 2002 |
4 3/4% |
| January 2, 2001 |
9 1/2% |
| January 3, 2000 |
8 1/2% |
| January 4, 1999 |
7 3/4% |
| January 2, 1998 |
8 1/2% |
| January 2, 1997 |
8 1/4% |
| January 2, 1996 |
8 1/2% |
| January 3, 1995 |
8 1/2% |
| January 3, 1994 |
6% |
| January 4, 1993 |
6% |
| January 2, 1992 |
6 1/2% |
| January 2, 1991 |
9 1/2% to 10% |
| January 2, 1990 |
10 1/2% |
| January 3, 1989 |
10 1/2% |
| January 4, 1988 |
8 3/34% |
| January 2, 1987 |
7 1/2% |
| January 2, 1986 |
9 1/2% |
| January 2, 1985 |
10 3/4% |
| January 3, 1984 |
11% |
| January 3, 1983 |
11-11 1/2% |
| January 4, 1982 |
15 3/4% |
| January 2, 1981 |
20 1/2-21 1/2% |
| January 2, 1980 |
15-15 1/2% |
|
